53 Kerala PSUs incur loss of over Rs 800 cr

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PTI

June 28, 2016

UPDATED: June 28, 2016 18:00 IST

Thiruvananthapuram, Jun 28 (PTI) As many as 53 PSUs in Kerala incurred a total loss of Rs 889.89 crore while 50 others earned a profit of Rs 498.47 crore during 2014-15, a Comptroller and Auditor General of Indias report said.

Four PSUs had made no profit or loss and five companies have not finalised their accounts, according to the report on Public Sector Undertakings for the fiscal ending March 2015, which was laid in the State Assembly today.